The legendary Southern rock group Lynyrd Skynyrd has left an enduring legacy and timeless anthems that have cemented their place in music history. The band, which was founded in 1964 in Jacksonville, Florida, became well-known in the 1970s because of hits like “Free Bird” and “Sweet Home Alabama.”
Tragic misfortunes befell Lynyrd Skynyrd, such as the fatal 1977 plane disaster, yet she persisted. Their current net worth is a testament to the perseverance of a band that has come to be associated with Southern rock, in addition to their creative accomplishments. Let’s examine the financial picture that best illustrates the success and lasting impact of Lynyrd Skynyrd.
Lynyrd Skynyrd Net Worth
It is predicted that Lynyrd Skynyrd has a net worth of approximately sixty million dollars as of the year 2023. Because of their excellent music career, continuous album sales, and intensive touring, they have achieved this state of affairs.
Who is Lynyrd Skynyrd?
American rock group Lynyrd Skynyrd was founded in Jacksonville, Florida. In 1964, the group was founded under the name My Backyard, with Bob Burns on drums, Larry Junstrom on bass guitar, Gary Rossington on guitar, Allen Collins on guitar, and lead vocalist Ronnie Van Zant.
Before settling on “Lynyrd Skynyrd” in 1969, the band spent five years touring tiny venues under a variety of names and with multiple lineup changes. In 1973, the band released its debut album, which is pronounced as “Lĕh-‘nérd ‘Skin-‘nérd.”
By then, they had decided on a band consisting of guitarist Ed King, pianist Billy Powell, and bassist Leon Wilkeson. In 1974, Burns departed, and Artimus Pyle took his place. Steve Gaines took over for King in 1976 after King left in 1975.
During the band’s heyday in the 1970s, hits like “Free Bird” and “Sweet Home Alabama” helped to popularize the Southern rock genre. The band’s career was abruptly ended on October 20, 1977, when their chartered jet crashed, killing Van Zant, Steve Gaines, and backup singer Cassie Gaines and gravely injuring the remaining members. The band has released five studio albums and one live album.
Lynyrd Skynyrd’s History
In 1963, Allen Collins got his first guitar and went on to play in a Jacksonville, Florida, band named The Mods. Larry Steele and J.R. Rice were members of the Mods. Ronnie Van Zant joined The Squires, a local bar, in the beginning of 1964.
He soon changed the name of the group to Us. We defeated The Mods in a local “Battle of the Bands” that year, and we came out on top. However, Van Zant departed Us not long after. Me, You, and Him was the name of the trio that guitarist Gary Rossington, drummer Bob Burns, and bassist Larry Junstrom created in the early summer of 1964.
Van Zant, Rossington, and Burns—three teens who played on opposing baseball teams—became friends later in the summer of 1964. When Burns was hurt by a ball that Van Zant hit, the three agreed to get together and jam.
They played “Time Is on My Side” by The Rolling Stones after setting up their gear in Burns’ parents’ carport. They decided right away to start a band since they liked what they heard. Larry Junstrom, a bassist, completed the group.
Two weeks later, they invited guitarist Allen Collins to join the band, and he accepted. After Burns’ parents complained that the band was too loud, the band eventually practiced in Junstrom’s carport. The group decided to call themselves My Backyard, then Conquer the Worm for a short while, The Noble Five, and, by 1968, The One Percent.
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Who Are the Original Members of Lynyrd Skynyrd?
There were five founding members when the group was founded in the summer of 1964. It was based in Jacksonville, Florida.
Among those participants were:
- Rossington, Gary
- Van Zant, Ronnie
- Bob Burns
- Allen Collins
- Larry Junstorm
Due to the untimely deaths of the other members, Rossington is the only member still alive. Van Zant perished in a horrific plane crash in 1977 that also left Collins and Rossington wounded.